Sky News - BUSINESS

 

Unilever’s £6bn Flora auction thinly spread as CVC drops out



News December 15, 2017


Sky News has learnt that CVC Capital Partners is no longer in the running to acquire the spreads division of Unilever, leaving a two-horse race to clinch a £6bn deal before Christmas.Sources said that Apollo Global and KKR were n...

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Why Persimmon's chairman was right to quit over bonus scheme backlash



News December 15, 2017


Invariably, it is the chief executive, the chief financial officer or the chief operating officer that carries the can.Today, though, Persimmon has announced its chairman, Nicholas Wrigley, is stepping down following anger from sh...

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Struggling burger chain Byron flipped in cut-price rescue deal



News December 15, 2017


Sky News has learnt that shareholders in Byron have agreed a transaction under which Three Hills Capital Partners (THCP) will become its majority shareholder by acquiring part of the stake held by Hutton Collins.FPP Asset Manageme...

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Ryanair offers to recognise unions in bid to avert Xmas strikes



News December 15, 2017


The Irish Airline Pilots' Association (IALPA) announced on Tuesday that its members based in Ireland and working for Ryanair would walk out on Wednesday 20 December.Such a move would involve half of the company's pilots - mostly c...

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Ryanair offers to recognise unions in bid to avert Christmas strikes



News December 15, 2017


The low-cost airline's refusal to recognise unions was at the heart of the model that transformed the small Irish regional airline into Europe's largest carrier by passenger numbers.Its shares were down as much as 5% in Friday tra...

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